The Spring River Area Chamber of Commerce is offering (2) $500 Small Business Grants
The purpose of these grants is to support small business start ups that provide goods or services that are not currently offered or there are too few to meet the needs in the Spring River area, (which includes the cities of Ash Flat, Cherokee Village, Hardy and Highland.) In addition to the funds, the Grantee will receive a one-year membership to the Spring River Area Chamber of Commerce. If already a member, then they will receive a free year renewal.
To qualify for this grant, the recipient must comply with all of the following stipulations: the business or proposed business must offer services or goods that are not already available in, or close to, Highland, Hardy, Ash Flat or Cherokee Village. The business cannot be a chain or franchise and must have been newly opened since June 2020 or opening soon. A business does not have to have a physical address but it is preferred over a home business. Grant funds will be rendered as a form of reimbursement for services already paid for such as advertising, business licenses, cost of goods, etc. or other start up costs. Receipts will be required to be reimbursed.
Additionally, upon approval, the Grantee must confer with the Small Business Technology & Development Center in Jonesboro to create a Business Plan, Marketing Plan, and Viability studies within 60 days or the grant will be revoked and given to another candidate.
The deadline for applying for the SRACC Small Business Grant is September 15, 2021. Grant Applications may be downloaded from the SRACC website ( ) , picked up at the office located at 119. E. Main St. in Hardy, or they will be emailed upon request. Call 870-856-3210 or email [email protected] to receive a grant application or ask questions.
DOWNLOAD GRANT APPLICATION HERE: 2021 Small Business Application